Tax Laws

Quick Actions
My Bookmarks Add Content

Wealth Tax Act

Under Direct Tax

Chapters (19)

Add Chapter
Chapter 1: Chapter
2
Acts
0 + 0
Sections
Acts in this chapter:
1 Short title, extent and commencement
2. Definitions
View Add Act
Chapter 10: SCHEDULE II
1
Acts
0
Sections
Acts in this chapter:
SCHEDULE II
View Add Act
Chapter 11: SCHEDULE III - Rules For Determining The Value of Assests
1
Acts
0
Sections
Acts in this chapter:
SCHEDULE III - Rules For Determining the Value of Assets
View Add Act
Chapter 12: APPENDIX
1
Acts
0
Sections
Acts in this chapter:
APPENDIX - Certain Remaining Provisions of Allied Acts Referred to in Wealth-Tax Act
View Add Act
Chapter 13: ANNEX
0
Acts
Sections
View Add Act
Chapter 13: ANNEX
1
Acts
0
Sections
Acts in this chapter:
ANNEX - [ Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]
View Add Act
Chapter 2: Chapter
5
Acts
0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
3 Charge of wealth tax
4 Net wealth to include certain assets
5 Exemptions in respect of certain assets
... and 2 more
View Add Act
Chapter 3: CHAPTER III
16
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
10 Instructions to subordinate authorities
10A Directors of Inspection
11 Jurisdiction of Assessing Officers and power to transfer cases
... and 13 more
View Add Act
Chapter 4: CHAPTER IV - Assessment
16
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
14 Return of wealth
14A Power of Board to dispense with furnishing documents, etc., with return of wealth
14B Filing of return in electronic form
... and 13 more
View Add Act
Chapter 4: CHAPTER IVA - Special Provision For Avoiding Repetitive Appeals
1
Acts
0
Sections
Acts in this chapter:
18C Procedure when assessee claims identical question of law is pending before High Court or Supreme Court
View Add Act
Chapter 4B: CHAPTER IVB - Charge of Additional Wealth Tax in Certain Cases
1
Acts
0
Sections
Acts in this chapter:
18D Additional wealth-tax
View Add Act
Chapter 5: CHAPTER V - Liability To Assessment In Special Cases
8
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
19 Tax of deceased person payable by legal representative
19A Assessment in the case of executors
20 Assessment after partition of a Hindu undivided family
... and 5 more
View Add Act
Chapter 5A: CHAPTER VA - Settlement of Cases
20
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
22-I Order of settlement to be conclusive
22A Definitions
22B Wealth-tax Settlement Commission
... and 17 more
View Add Act
Chapter 6: CHAPTER VI - Appeals, Revisions And References
10
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
23 Appeal to the Deputy Commissioner (Appeals) from orders of Assessing Officer
24 Appeal to the Appellate Tribunal from orders of the Deputy Commissioner (Appeals)
25 Powers of Commissioner to revise orders of subordinate authorities
... and 7 more
View Add Act
Chapter 7: CHAPTER VII - Payment And Recovery of Wealth -Tax
5
Acts
0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
30 Notice of demand
31 When tax, etc., payable and when assessee deemed in default
32 Mode of recovery
... and 2 more
View Add Act
Chapter 7A: Refunds
1
Acts
0
Sections
Acts in this chapter:
34A Refunds
View Add Act
Chapter 7B: CHAPTER VIIB - Registered Valuers
6
Acts
0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
34AA Appearance by registered valuers
34AB Registration of valuers
34AC Restrictions on practice as registered valuer
... and 3 more
View Add Act
Chapter 8: CHAPTER VIII - Miscellaneous
22
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
Acts in this chapter:
34B Transfers to defraud revenue to be void
34C Provisional attachment to protect revenue in certain cases
35 Rectification of mistakes
... and 19 more
View Add Act
Chapter 9: SCHEDULE-I
1
Acts
0
Sections
Acts in this chapter:
SCHEDULE I - Rates of Wealth-Tax
View Add Act

All Acts in Wealth Tax Act

Add Act
1 Short title, extent and commencement
Chapter 0 sections
2. Definitions
Chapter 0 sections
SCHEDULE II
SCHEDULE II 0 sections
SCHEDULE III - Rules For Determining the Value of Assets
SCHEDULE III - Rules For Determining The Value of Assests 0 sections
APPENDIX - Certain Remaining Provisions of Allied Acts Referred to in Wealth-Tax Act
APPENDIX 0 sections
ANNEX - [ Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]
ANNEX 0 sections
3 Charge of wealth tax
Chapter 0 sections
4 Net wealth to include certain assets
Chapter 0 sections
5 Exemptions in respect of certain assets
Chapter 0 sections
6 Exclusion of assets and debts outside India
Chapter 0 sections
7 Value of assets, how to be determined
Chapter 0 sections
10 Instructions to subordinate authorities
CHAPTER III 0 sections
10A Directors of Inspection
CHAPTER III 0 sections
11 Jurisdiction of Assessing Officers and power to transfer cases
CHAPTER III 0 sections
11A Inspector of Wealth-tax
CHAPTER III 0 sections
11AA Commissioner competent to perform any function or functions
CHAPTER III 0 sections
11B Wealth-tax Officer competent to perform any function or func­tions
CHAPTER III 0 sections
12 Control of wealth-tax authorities
CHAPTER III 0 sections
12A Appointment of Valuation Officers
CHAPTER III 0 sections
13 Wealth-tax authorities to follow orders, etc., of the Board
CHAPTER III 0 sections
13A Powers of Director-General or Director,Chief Commis­sioner or Commissioner and Joint Commissioner to make enquiries
CHAPTER III 0 sections
8 Wealth-tax authorities and their jurisdiction
CHAPTER III 0 sections
8A Powers of Commissioner respecting specified areas, cases, persons, etc
CHAPTER III 0 sections
8AA Concurrent jurisdiction of Inspecting Assistant Commissioner and Wealth-tax Officer
CHAPTER III 0 sections
8B Power to transfer cases
CHAPTER III 0 sections
9 Control of wealth-tax authorities
CHAPTER III 0 sections
9A Commissioners of Wealth-tax
CHAPTER III 0 sections
14 Return of wealth
CHAPTER IV - Assessment 0 sections
14A Power of Board to dispense with furnishing documents, etc., with return of wealth
CHAPTER IV - Assessment 0 sections
14B Filing of return in electronic form
CHAPTER IV - Assessment 0 sections
15 Return after due date and amendment of return
CHAPTER IV - Assessment 0 sections
15A Return by whom to be signed
CHAPTER IV - Assessment 0 sections
15B Self-assessment
CHAPTER IV - Assessment 0 sections
15C Provisional assessment
CHAPTER IV - Assessment 0 sections
16 Assessment
CHAPTER IV - Assessment 0 sections
16A Reference to Valuation Officer
CHAPTER IV - Assessment 0 sections
17 Wealth escaping assessment
CHAPTER IV - Assessment 0 sections
17A Time limit for completion of assessment and reassessment
CHAPTER IV - Assessment 0 sections
17B Interest for defaults in furnishing return of net wealth
CHAPTER IV - Assessment 0 sections
18 Penalty for failure to furnish returns, to comply with notices and concealment of assets, etc.
CHAPTER IV - Assessment 0 sections
18A Penalty for failure to answer questions, sign statements, furnish information, allow inspection, etc.
CHAPTER IV - Assessment 0 sections
18B Power to reduce or waive penalty in certain cases
CHAPTER IV - Assessment 0 sections
18BA Power of Commissioner to grant immunity from penalty
CHAPTER IV - Assessment 0 sections
18C Procedure when assessee claims identical question of law is pending before High Court or Supreme Court
CHAPTER IVA - Special Provision For Avoiding Repetitive Appeals 0 sections
18D Additional wealth-tax
CHAPTER IVB - Charge of Additional Wealth Tax in Certain Cases 0 sections
19 Tax of deceased person payable by legal representative
CHAPTER V - Liability To Assessment In Special Cases 0 sections
19A Assessment in the case of executors
CHAPTER V - Liability To Assessment In Special Cases 0 sections
20 Assessment after partition of a Hindu undivided family
CHAPTER V - Liability To Assessment In Special Cases 0 sections
20A Assessment after partial partition of a Hindu undivided fami­ly
CHAPTER V - Liability To Assessment In Special Cases 0 sections
21 Assessment when assets are held by courts of wards, administrators-general, etc.
CHAPTER V - Liability To Assessment In Special Cases 0 sections
21A Assessment in cases of diversion of property, or of income from property, held under trust for public charitable or religious purposes
CHAPTER V - Liability To Assessment In Special Cases 0 sections
21AA Assessment when assets are held by certain associations of persons
CHAPTER V - Liability To Assessment In Special Cases 0 sections
22 Assessment of persons residing outside India
CHAPTER V - Liability To Assessment In Special Cases 0 sections
22-I Order of settlement to be conclusive
CHAPTER VA - Settlement of Cases 0 sections
22A Definitions
CHAPTER VA - Settlement of Cases 0 sections
22B Wealth-tax Settlement Commission
CHAPTER VA - Settlement of Cases 0 sections
22BA Jurisdiction and powers of Settlement Commission
CHAPTER VA - Settlement of Cases 0 sections
22BB Vice-Chairman to act as Chairman or to discharge his functions in certain circumstances
CHAPTER VA - Settlement of Cases 0 sections
22BC Power of Chairman to transfer cases from one Bench to another
CHAPTER VA - Settlement of Cases 0 sections
22BD Decision to be by majority
CHAPTER VA - Settlement of Cases 0 sections
22C Application for settlement of cases
CHAPTER VA - Settlement of Cases 0 sections
22D Procedure on receipt of an application under section 22C
CHAPTER VA - Settlement of Cases 0 sections
22DD Power of Settlement Commission to order provisional attachment to protect revenue
CHAPTER VA - Settlement of Cases 0 sections
22E Power of Settlement Commission to reopen completed proceedings
CHAPTER VA - Settlement of Cases 0 sections
22F Powers and procedure of Settlement Commission
CHAPTER VA - Settlement of Cases 0 sections
22G Inspection, etc., of reports
CHAPTER VA - Settlement of Cases 0 sections
22H Powers of Settlement Commission to grant immunity from prosecution
CHAPTER VA - Settlement of Cases 0 sections
22HA Abatement of the proceeding before Settlement Commission
CHAPTER VA - Settlement of Cases 0 sections
22HAA Credit for tax paid in case of abatement of proceedings
CHAPTER VA - Settlement of Cases 0 sections
22J Recovery of sums due under order of settlement
CHAPTER VA - Settlement of Cases 0 sections
22K Bar on subsequent application for settlement
CHAPTER VA - Settlement of Cases 0 sections
22L Proceedings before the Settlement Commission to be judicial proceedings
CHAPTER VA - Settlement of Cases 0 sections
22M Certain persons who have filed appeals to the Appellate Tribunal entitled to make applications to the Settlement Commission
CHAPTER VA - Settlement of Cases 0 sections
23 Appeal to the Deputy Commissioner (Appeals) from orders of Assessing Officer
CHAPTER VI - Appeals, Revisions And References 0 sections
24 Appeal to the Appellate Tribunal from orders of the Deputy Commissioner (Appeals)
CHAPTER VI - Appeals, Revisions And References 0 sections
25 Powers of Commissioner to revise orders of subordinate authorities
CHAPTER VI - Appeals, Revisions And References 0 sections
26 Appeal to the Appellate Tribunal from orders of enhancement by Chief Commissioners or Commissioners
CHAPTER VI - Appeals, Revisions And References 0 sections
27 Reference to High Court
CHAPTER VI - Appeals, Revisions And References 0 sections
27A Appeal to High Court
CHAPTER VI - Appeals, Revisions And References 0 sections
28 Hearing by High Court
CHAPTER VI - Appeals, Revisions And References 0 sections
29 Appeal to Supreme Court
CHAPTER VI - Appeals, Revisions And References 0 sections
29A Tax to be paid notwithstanding reference, etc.
CHAPTER VI - Appeals, Revisions And References 0 sections
29B Definition of High Court
CHAPTER VI - Appeals, Revisions And References 0 sections
30 Notice of demand
CHAPTER VII - Payment And Recovery of Wealth -Tax 0 sections
31 When tax, etc., payable and when assessee deemed in default
CHAPTER VII - Payment And Recovery of Wealth -Tax 0 sections
32 Mode of recovery
CHAPTER VII - Payment And Recovery of Wealth -Tax 0 sections
33 Liability of transferees of properties in certain cases
CHAPTER VII - Payment And Recovery of Wealth -Tax 0 sections
34 Restrictions on registration of transfers of immovable property in certain cases
CHAPTER VII - Payment And Recovery of Wealth -Tax 0 sections
34A Refunds
Refunds 0 sections
34AA Appearance by registered valuers
CHAPTER VIIB - Registered Valuers 0 sections
34AB Registration of valuers
CHAPTER VIIB - Registered Valuers 0 sections
34AC Restrictions on practice as registered valuer
CHAPTER VIIB - Registered Valuers 0 sections
34ACC Furnishing of particulars in certain cases
CHAPTER VIIB - Registered Valuers 0 sections
34AD Removal from register of names of valuers and restoration
CHAPTER VIIB - Registered Valuers 0 sections
34AE Existing registered valuers to apply afresh
CHAPTER VIIB - Registered Valuers 0 sections
34B Transfers to defraud revenue to be void
CHAPTER VIII - Miscellaneous 0 sections
34C Provisional attachment to protect revenue in certain cases
CHAPTER VIII - Miscellaneous 0 sections
35 Rectification of mistakes
CHAPTER VIII - Miscellaneous 0 sections
35-I Prosecutions to be with the previous sanction of certain wealth-tax authorities and their power to compound offences
CHAPTER VIII - Miscellaneous 0 sections
35-O Presumption as to culpable mental state
CHAPTER VIII - Miscellaneous 0 sections
35A Wilful attempt to evade tax, etc.
CHAPTER VIII - Miscellaneous 0 sections
35B Failure to furnish returns of net wealth
CHAPTER VIII - Miscellaneous 0 sections
35C Failure to produce accounts, records, etc
CHAPTER VIII - Miscellaneous 0 sections
35D False statement in verification, etc., made under certain provisions of the Act
CHAPTER VIII - Miscellaneous 0 sections
35E False statement in verification mentioned in section 34AB
CHAPTER VIII - Miscellaneous 0 sections
35EE Failure to furnish particulars under section 34ACC
CHAPTER VIII - Miscellaneous 0 sections
35EEE Contravention of order made under second proviso to sub-section (1) or sub-section (3A) of section 37A
CHAPTER VIII - Miscellaneous 0 sections
35F Abetment of false return, etc.
CHAPTER VIII - Miscellaneous 0 sections
35G Punishment for second and subsequent offences
CHAPTER VIII - Miscellaneous 0 sections
35GA Power of Commissioner to grant immunity from prosecution
CHAPTER VIII - Miscellaneous 0 sections
35H Offences by Hindu undivided families
CHAPTER VIII - Miscellaneous 0 sections
35HA Offences by companies
CHAPTER VIII - Miscellaneous 0 sections
35J Certain offences to be non-cognizable
CHAPTER VIII - Miscellaneous 0 sections
35K Bar on prosecution and on inadmissibility of evidence in certain circumstances
CHAPTER VIII - Miscellaneous 0 sections
35L Jurisdiction of courts
CHAPTER VIII - Miscellaneous 0 sections
35M Section 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply
CHAPTER VIII - Miscellaneous 0 sections
35N Presumption as to books of account, etc., in certain cases
CHAPTER VIII - Miscellaneous 0 sections
SCHEDULE I - Rates of Wealth-Tax
SCHEDULE-I 0 sections
SubCategory Statistics
19
Chapters
2 + 1 + 1 + 1 + 0 + 1 + 5 + 16 + 16 + 1 + 1 + 8 + 20 + 10 + 5 + 1 + 6 + 22 + 1
Acts
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Sections
0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0 + 0
Rules
Hierarchy Path
Direct Tax
Wealth Tax Act
Recently Added Chapters
Chapter 1: Chapter 2 acts • Added: Aug 04, 2025
Chapter 10: SCHEDULE II 1 acts • Added: Aug 28, 2025
Chapter 11: SCHEDULE III - Rules For Determining The Value of Assests 1 acts • Added: Aug 28, 2025
Chapter 12: APPENDIX 1 acts • Added: Aug 28, 2025
Chapter 13: ANNEX 0 acts • Added: Aug 28, 2025
Quick Actions
Add Chapter Add Act Add Section
Back to Direct Tax